"President Trump committed to provide security guarantees to the DPRK and Chairman Kim Jong Un reaffirmed his firm and unwavering commitment to complete denuclearization of the Korean Peninsula", the statement said. Trump attributed the move as a cost-saving measure.

One South Korean official said he initially thought Trump had mis-spoke.

Trump explained during a post-summit news conference that inspectors will be sent into North Korea to verify the country is moving forward with denuclearization.

However, relations with North Korea, which had seemed to go well, broke down under former President George W. Bush after the US accused North Korea of having an enriched uranium program, a major step in the nuclear weapon building process.

"At this moment, we need to figure out President Trump's accurate meaning and intention", a South Korean spokesperson said, according to CNN. "The country will welcome reducing the military exercises, as it could ease the decades-long tension on the Korean peninsula".

A statement from South Korean President Moon Jae-in's palace, the Blue House, appeared to indicate that Seoul was not privy to Trump's decision on the exercises.

As North Korea was conducting multiple missile tests a year ago and threatening to attack the U.S., Mr. Trump responded with rhetoric that was unusually aggressive for a U.S. leader.

The US side seeks denuclearization on the Korean Peninsula under terms that give US and global authorities broad power to inspect nuclear reactors in North Korea at any time they choose to verify parts of a potential denuclearization agreement.

North Korea regularly calls the military exercises provocative preparations for a northward invasion, and numerous scariest standoffs in recent years on the Korean Peninsula have happened when the drills were being staged.

US forces in South Korea were also apparently clueless as to the decision to suspend the military exercises. "There has been real concern that he would only look after USA interests, not those of our long-standing allies".

It futher sees the United States and North Korea agree to "establish new relations", and 'join their efforts to build a lasting and stable peace regime on the Korean Peninsula'. "The new element is that we agreed to stop our annual exercise cycle with our South Korean allies". "My second question is, what did we receive in return for this concession?"

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